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Jul 9, 2011 7:00pm EDT
things that dampen economic growth and the u.k. is finding this out now, they adopted this big austerity budget, and there's a good chance that economic activity will go down so much that tack revenues will be reduced even more than spending is cut, and their deficit will increase. so why are we talking more about the economy and less about this? partly because the republicans who control the house and have a lot of votes in the senate have now decided having quadrupled the debt in the 12 years before i took office and doubled it after i left that it's all of a sudden the biggest problem in the world. [laughter] i'll come back to that. but i want you to think about it. because i hate these deficits. and i was appalled that the debt was doubled in the eight years after i left office. and i think the fiscal condition of the country did make us weaker in dealing with the financial crash. i'll say more about that in a minute. but you have to know about what works. there's almost no discussion in this debate. i read the articles every day about the timing of whatever it is they do and whether
Jul 16, 2011 7:00pm EDT
special interests and big corporations tax breaks that middle-class americans do not get. it is pretty simple. i do not think oil companies should continue to get big tax breaks when they make tens of billions in profits. i do not think hedge fund managers should pay taxes at a lower rate than their secretaries. i do not think it is fair to ask nothing of someone like me when the average family sees their income decline over the last decade. when many of you are just trying to stretch every $1 as far as it will go. we should not put the burden of deficit reduction on the backs of people who have already borne the brunt of this recession. it is not reasonable and it is not right. if we are going to have seniors, students, middle-class americans to separate, then we have to ask corporations and wealthy americans to share. we have to ask everyone to play their part because we are all a part of the same country. we are all in this together. i have put things on the table important to me and democrats, and i expect republican leaders to do the same. after all, we have worked together like t
Search Results 0 to 1 of about 2